The Competition Commission has recommended to the Competition Tribunal that it approve the proposed transaction whereby Chery South Africa (SA) intends to acquire the assets related to Nissan South Africa Manufacturing, with conditions. Chery SA is controlled by Chery Overseas Industrial Investment, which is, in turn, controlled by Chery Automobile.

Chery International's proposed acquisition of Nissan South Africa's Rosslyn manufacturing plant has been recommended for approval by the Competition Commission, potentially…

The Competition Commission has recommended to the Competition Tribunal that it approve the proposed transaction whereby Chery South Africa (SA) intends to acquire the assets…